Dow Stats on Fed Day

Dow Stats on Fed Day

The Dow Jones Industrial Average closed down 352 points today.  Ahead of the Fed announcement the Dow was up just over 380 points.  At the day’s low the Dow had fallen nearly 900 points from the intra day high before mounting a late bounce.  The Dow closed at...
Walmart Slides After Earnings

Walmart Slides After Earnings

Despite solid earnings results this morning shares of mega retailer Walmart are under extreme pressure.  The stock is off over 2.5% in the early going after opening the session with a nice gain.  This extends $WMT’s pullback from Monday’s spike high to...
Wal-Mart Update

Wal-Mart Update

$WMT is filling a major post earnings breakdown gap($102.00)today.  Back on February 20 the stock marked its biggest one day loss(-10%)since Oct. 14, 2015.  By early May $WMT had extended its post Feb. 16th drop to over 22%.  After consolidating for eight weeks $WMT...
Out Of Favor

Out Of Favor

Consumer Staples… XLP(Select Sector Consumer Staples)Top 5 Holdings: PG:   12% KO:   10.5% PEP:  9% PM:   8% WMT:  7.8% An interesting shopping list.  Hat tip Bespoke...